2024

Billion

Gala

Gains

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>GALA token price chart shows a sharp jump from the $0.06000 mark.</a> </li> 
 <li> <span>2</span> <a>The technical indicators suggest a breakout is likely amid bulls’ dominance.</a> </li> 
</ul> 
<p>The Gala token (GALA) price replicates massive whale activity and pumped over 40% in the last 24 hours. Moreover, the token has glimpsed an intense breakout with follow-on bullish marubozu candlesticks.</p> 
<p>This week, Gala Games partnered with Alienware and Amazon Web Services (AWS) to conduct a hackathon program at the 2024 Game Developers Conference (GDC). This positive development led to a spike in the price of the GALA token which surged over 90% this week. Following the crypto market surge, the token was in the investors’ eyesight and persisted in extending the gains.</p> 
<p>At press time, the Gala token (GALA) price was $0.0676 with an intraday gain of 38.92%, indicating massive bullishness on the charts. It has a weekly return ratio of 43.37% and a monthly return ratio of 193.80%. The pair of GALA/BTC is at 0.000000961 BTC, and the market cap is $502.10 Million. Analysts are bullish and suggest that the GALA token price will persist in advancing gains and may retest the $0.08000 mark soon.</p> 
<h2 class="wp-block-heading" id="strong-gala-gains-momentum-can-bulls-hold-their-domination-strong"><strong>Gala Gains Momentum, Can Bulls Hold Their Domination?</strong></h2> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img loading="lazy" decoding="async" width="1024" height="346" src="https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-191-1024x346.png" alt="GALA token" class="wp-image-196249" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-191-1024x346.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-191-300x101.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-191-768x260.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-191-1536x519.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-191-750x254.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-191-1140x385.png 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-191.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Source: Santiment
  </figcaption>
 </figure>
</div> 
<p>The Gala price (GALA) furnished a rise, jumping over 90% this week. The token displayed a massive spike in trading volume of over 500% and surged to $1.10 Billion in the last 24 hours. This huge spike in volume reflects the institutional buying activity and investor interest, leading to the surge in the token price.</p> 
<h2 class="wp-block-heading" id="strong-gala-reflects-volatile-moves-and-bullish-sentiments-strong"><strong>GALA Reflects Volatile Moves and Bullish Sentiments</strong></h2> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img loading="lazy" decoding="async" width="1024" height="346" src="https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-192-1024x346.png" alt="GALA token" class="wp-image-196250" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-192-1024x346.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-192-300x101.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-192-768x260.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-192-1536x519.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-192-750x254.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-192-1140x385.png 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-192.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Source: Santiment
  </figcaption>
 </figure>
</div> 
<p>The price volatility curve is up over 30% to 0.041, indicating immense volatility on the chart. Additionally, the total weighted sentiment echoes a spike, and the curve stays at 1.35, alluding to the positive outlook for the following sessions.</p> 
<h3 class="wp-block-heading" id="strong-gala-transaction-volume-activity-analysis-strong"><strong>Gala Transaction Volume Activity Analysis</strong></h3> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img loading="lazy" decoding="async" width="1024" height="346" src="https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-193-1024x346.png" alt="" class="wp-image-196251" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-193-1024x346.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-193-300x101.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-193-768x260.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-193-1536x519.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-193-750x254.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-193-1140x385.png 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-193.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Source: Santiment
  </figcaption>
 </figure>
</div> 
<p>The transactional volume activity data rose over 30% to $928k last month. In contrast, the daily on-chain transactional value ratio also spiked, and the data illustrates a jump of over 400% to 4.79.</p> 
<h3 class="wp-block-heading" id="strong-gala-displays-falling-wedge-breakout-can-it-surpass-100-day-ema-mark-strong"><strong>GALA Displays Falling Wedge Breakout, Can It Surpass 100 Day EMA Mark?</strong></h3> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img loading="lazy" decoding="async" width="1024" height="474" src="https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-194-1024x474.png" alt="" class="wp-image-196252" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-194-1024x474.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-194-300x139.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-194-768x356.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-194-1536x711.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-194-750x347.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-194-1140x528.png 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2024/03/image-194.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Source: GALA Price Chart By TradingView
  </figcaption>
 </figure>
</div> 
<p>The Gala token displays a falling wedge breakout and reflects a sharp spike on the daily charts. Moreover, the token has surpassed the 50-Day EMA mark and is aggressively heading to the 100-Day EMA mark near $0.07000 under bullish momentum.</p> 
<p>The Relative Strength Index (RSI) curve is in the overbought zone, reflecting outperformance on the charts. Similarly, the MACD indicator shows a bullish crossover and articulates a positive outlook.</p> 
<h4 class="wp-block-heading"><strong>Summary</strong></h4> 
<p>The <a href="https://www.thecoinrepublic.com/2024/03/02/galaxy-asset-management-is-an-authorized-partner-says-ftx/" target="_blank" rel="noreferrer noopener">Gala token</a> (GALA) noticed a breakout and is steering toward the upside hurdle of $0.07000. Moreover, the token represents the bullish momentum and has glimpsed investor interest for the past weeks.</p> 
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4> 
<p><strong>Support Levels:</strong> $0.06500 and $0.06300</p> 
<p><strong>Resistance Levels:</strong> $0.06800 and $0.07000</p> 
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5> 
<p>The views and opinions stated by the author or any other person named in this article are for informational purposes only and do not constitute financial, investment, or other advice.&nbsp;</p>

GALA Price Rallies Over 40% Intraday, What’s Cooking In It?

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